The government has proposed to increase the tax rebate available to individual taxpayer opting for the new tax regime. Tax ...

Middle class vote is the new battleground in the Capital and, if AAP took the lead in actively targeting it, the Modi ...

With overall rental yields from residential real estate being low nationally, the increase in the TDS threshold is expected ...

Section 17 of the Income-tax Act defines perquisites, including benefits provided by employers to employees. Currently, employee benefits such as free or concessional amenities are exempt from ...

The new Income Tax Bill introduced on February 6, aimi to replace the outdated 1961 law with a simplified system tailored for ...

The Finance Bill 2025 proposes the removal of Tax Collection at Source (TCS) under Section 206C(1H) of the Income-tax Act from April 1, 2025. Currently, sellers collecting payments exceeding ₹50 lakh ...

While some argue that the incremental earnings will predominantly flow into consumer staples and discretionary spending, he ...

Gov. Josh Shapiro will unveil his 2025-26 state budget proposal to legislators Tuesday. Here's a look at the lay of Pennsylvania's fiscal land.

Be it tax reforms under the new tax regime or exempting second property from tax for notional rental income are some of the key announcements made by Finance Minister Nirmala Sitharaman.

From infra and agriculture to manufacturing and revised tax slabs, here are the detailed takeaways from the Union Budget ...